Manchester United fans may have to taper their expectations for their potential summer spending despite the club being on the market for a potential takeover.

What's the latest?

In the latter stages of last year, the Glazer family made the decision to put the Red Devils on the market for a potential new owner to take on the Premier League giants.

This comes following years of frustrations from the United faithful who have shared their anger through protests directed at the Glazer family.

But it now seems as if the Glazer's tenure could be coming to a conclusion and United fans will be hoping this could be completed before the summer transfer window.

However, journalist David Ornstein has warned fans that their spending may not just be dependent on whether new owners take over at Old Trafford by the summer:

(6:30) "But if you think the sale might go through before the summer, you might need to think again about massive spending.

"Because The Telegraph are reporting here in the UK tonight that even then Manchester United need to return to the Champions League and they need significant sales if they're going to sign the big names that get linked with them. The likes of Harry Kane, Benjamin Sesko, Jude Bellingham, Frenkie De Jong, those sorts of targets."

Do not get your hopes up

Erik ten Hag's side have made a dramatic turnaround following their pretty poor start to the PremierLeague campaign and now find themselves level on points with third-placed Newcastle United.

But they do only hold a two-point cushion in fourth spot over the chasing Tottenham Hotspur - albeit the Red Devils have a game in hand over the Londoners.

However, the report from The Telegraph suggests top four is the absolute minimum Ten Hag should be aiming for this season with the club needing a serious revenue boost if they are to compete in the summer window.

It is claimed that due to the FFP regulations and United still owing £307m in transfer instalments, without a revenue boost through player sales and Champions League football, the summer window could be heavily restrained.

Although the footballing aspect of this report lies in the hands of the players and Ten Hag, The Telegraph have since reported a potential off-field boost.

They have claimed the Red Devils are soon to receive takeover bids from interested parties from across the Middle East, Asia and America.

It is believed these proposals could land at Old Trafford by mid-February with a number of parties showing an interest in taking the reins from the Glazer family.

However, this could count for very little in terms of the summer transfer window if the funds are not freed up b the club to allow for their potential new owners to unleash the summer spending.